Price for Food Preparations Not Elsewhere Specified or Included in Algeria - 2022
Contents:
- Price for Food Preparations Not Elsewhere Specified or Included in Algeria (CIF) - 2022
- Price for Food Preparations Not Elsewhere Specified or Included in Algeria (FOB) - 2022
- Imports of Food Preparations Not Elsewhere Specified or Included in Algeria
- Exports of Food Preparations Not Elsewhere Specified or Included in Algeria
Price for Food Preparations Not Elsewhere Specified or Included in Algeria (CIF) - 2022
In 2022, the average import price for food preparations not elsewhere specified or included amounted to $4,149 per ton, dropping by -4.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 18% against the previous year. The import price peaked at $4,352 per ton in 2021, and then dropped modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($8,385 per ton), while the price for Greece ($1,833 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Food Preparations Not Elsewhere Specified or Included in Algeria (FOB) - 2022
The average export price for food preparations not elsewhere specified or included stood at $3,056 per ton in 2022, which is down by -11.4% against the previous year. Overall, the export price, however, enjoyed a tangible increase. The most prominent rate of growth was recorded in 2013 an increase of 199%. As a result, the export price attained the peak level of $7,357 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($19,974 per ton), while the average price for exports to Niger ($721 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Food Preparations Not Elsewhere Specified or Included in Algeria
Imports of food preparations not elsewhere specified or included into Algeria was estimated at 68K tons in 2022, growing by 3.1% on 2021. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 18% against the previous year. As a result, imports attained the peak of 70K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of food preparations not elsewhere specified or included fell slightly to $283M in 2022. The total import value increased at an average annual rate of +11.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 36%.
| Import of Food Preparations Not Elsewhere Specified or Included in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 26.3 | 22.3 | 21.3 | 35.0 | 10.0% |
| Netherlands | 5.1 | 7.6 | 12.6 | 27.8 | 76.0% |
| Spain | 26.5 | 40.2 | 39.7 | 25.8 | -0.9% |
| France | 22.1 | 27.1 | 22.8 | 15.7 | -10.8% |
| Italy | 6.7 | 7.9 | 7.1 | 10.1 | 14.7% |
| Belgium | 2.4 | 19.2 | 5.6 | 6.2 | 37.2% |
| Switzerland | 2.9 | 3.3 | 2.8 | 3.6 | 7.5% |
| China | 1.5 | 1.9 | 2.3 | 3.3 | 30.1% |
| Greece | 1.1 | 1.2 | 1.6 | 1.6 | 13.3% |
| Egypt | 0.6 | 0.7 | 30.9 | 1.4 | 32.6% |
| Others | 110 | 147 | 141 | 153 | 11.6% |
| Total | 205 | 278 | 288 | 283 | 11.3% |
Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Algeria in 2022:
- Netherlands (8.8K tons)
- Germany (8.0K tons)
- Spain (7.0K tons)
- France (2.7K tons)
- Italy (2.0K tons)
- Switzerland (1.5K tons)
- China (1.4K tons)
- Greece (0.9K tons)
- Belgium (0.7K tons)
- Egypt (0.2K tons)
Exports of Food Preparations Not Elsewhere Specified or Included in Algeria
In 2022, overseas shipments of food preparations not elsewhere specified or included decreased by -11.2% to 491 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 108% against the previous year.
In value terms, exports of food preparations not elsewhere specified or included contracted notably to $1.5M in 2022. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 74%. As a result, the exports reached the peak of $1.9M, and then declined dramatically in the following year.
| Export of Food Preparations Not Elsewhere Specified or Included in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 107 | 396 | 651 | 433 | 59.4% |
| Canada | 105 | 61.5 | 76.6 | 212 | 26.4% |
| China | N/A | 3.2 | 19.0 | 134 | 547.1% |
| Spain | 6.5 | 0.1 | N/A | 126 | 168.6% |
| United Arab Emirates | 0.2 | N/A | 61.5 | 45.8 | 511.8% |
| Niger | 8.1 | N/A | N/A | 14.4 | 21.1% |
| Mali | 54.3 | N/A | N/A | N/A | 0% |
| Italy | 116 | 29.4 | N/A | N/A | -74.7% |
| Others | 271 | 607 | 1,099 | 537 | 25.6% |
| Total | 668 | 1,096 | 1,908 | 1,502 | 31.0% |
Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Algeria in 2022:
- France (152.8 tons)
- Canada (74.8 tons)
- China (29.5 tons)
- Niger (20.0 tons)
- United Arab Emirates (16.0 tons)
- Spain (9.8 tons)
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